31 Jul 2015
European stocks waver ahead of monthly closing
FXStreet (Mumbai) - The European stocks are witnessing a seesaw action on Friday, while the Euro rose after the release of upbeat core inflation figures in the Eurozone.
The Stoxx Europe 600 is down 0.1% to 396.17, and has been more or less steady, to ensure it remains on track to post almost 4% gains, its highest since February. Among the national indices, Germany’s DAX was up 0.1% to 11,267.32, and France’s CAC 40 gained 0.4% to 5,065.25. The London’s FTSE fell 0.1% to 6,661.38.
The mood in the UK was slightly down due to the dip in the monthly GfK consumer confidence index, down three points to a reading of 4 in July. Meanwhile, Eurozone consumer prices in July were 0.2% higher than a year earlier, preliminary data showed today, while German retail sales witnessed an unexpected contraction in June.
The Stoxx Europe 600 is down 0.1% to 396.17, and has been more or less steady, to ensure it remains on track to post almost 4% gains, its highest since February. Among the national indices, Germany’s DAX was up 0.1% to 11,267.32, and France’s CAC 40 gained 0.4% to 5,065.25. The London’s FTSE fell 0.1% to 6,661.38.
The mood in the UK was slightly down due to the dip in the monthly GfK consumer confidence index, down three points to a reading of 4 in July. Meanwhile, Eurozone consumer prices in July were 0.2% higher than a year earlier, preliminary data showed today, while German retail sales witnessed an unexpected contraction in June.